Jason Thomas BCom
Royal Lepage Summit Realty
2611 Ellwood Dr S.W., Edmonton, Alberta
P: 780.499.5696
F: 780.431.1600 Email
Friday, March 21, 2014
- Top Edmonton Neighbourhoods that sell fastest
Top Edmonton Neighbourhoods that sell the fastest
A good way to see how popular a neighbourhood is, is to consider the average days on market, or in other words how long it takes to sell a home on average. In 2013, the Edmonton average time to sell a single family detached house was 44 days. The fastest selling neighbourhoods in Edmonton, actually sell twice as fast. Considering all Edmonton neighbourhoods that had 4 or more single family detached house sales in the last 12 months (Up to the end of February 2014). I've included the top 20 below.
Malmo Plains 18.6 days to sell
Central MacDougall 18.7 days to sell.
Brander Gardens 19.4 days to sell
Eaux Claires 20.8 days to sell
Hillview 21.1 days to sell
Kildare 22 days to sell
West Jasper Place 22.2 days to sell
Virginia Park 22.8 days to sell
Royal Gardens 23.5 days to sell
Garneau 23.9 days to sell
Aspen Gardens 24.7 days to sell
Capilano 25 days to sell
Idylwylde 25.6 days to sell
Holyrood 25.8 days to sell
Queen Alexandra 26.2 days to sell
Britannia Youngstown 26.3 days to sell
Terrace Heights 26.5 days to sell
Lendrum Place 26.6 days to sell
Maple 27.5 days to sell
Elmwood 27.5 days to sell
Most of the neighbourhoods are on the south side (13 out of the 20 are south side areas). Central MacDougall is a new one to the list, and it is up at number 2. This is a central Edmonton area that traditionally has been more affordable. The downtown arena project could be helping with this neighbourhood's strength.